Sensex and Nifty up 1%; led by banking and FMCG stocks

The Friday morning show some relief to the traders in stock market trading, Sensex is up 364.17 points to 26963.28 and Nifty up 106.40 points 8163.70.

The Sensex make high on 27002.70 and low on 26814.38 while NSE Nifty make high on 8175.50 and low on 8123.45 on an intraday level.

The market remained in the solid state in morning trading session led by banking and financial, Auto, FMCG and Capital goods stocks.

[You must be registered and logged in to see this link.]

Stock Market Today 8 May | Indian Stock Market Update | Stocks To Buy Today | Nifty Tips |Stock Market Live | Sensex , Nifty advance
The 30-share BSE Sensex up 346.47 points or 1.30 percent to 26945.58 and the 50-share NSE Nifty up 98.90 points or 1.23 percent to 8156.20. The BSE Midcap and Smallcap indices gained 1.3 percent and 1.6 percent, respectively.

Nearly 5 shares rose for every share down on the Bombay Stock Exchange.

The rupee also reach past 64 a dollar mark. The currency appreciated by 26 paise to 63.97 a dollar.

ICICI Bank , Tata MotorsBSE 4.28 % , M&M , Cipla and Bajaj Auto were among the major indian stock market Sensex gainers.

share tips guru

After a stellar rally, the Sensex finished occurring 506.28 points or 1.9 percent at 27105.39. The Nifty was happening 134.20 points or 1.7 percent at 8191.50.
Market Closing with Positive Note Sensex up 506 point And Nifty Close 8150
About 1865 shares have militant, 835 shares declined, and 169 shares are unchanged. Tata Motors, Cipla, ICICI Bank, Hindalco and HUL were peak gainers in the Sensex. Among the losers were Hero MotoCorp, ONGC, TCS, NTPC and Vedanta.
Nifty support must come in at 7500 but there can be downside risks to 6800.

Expert advice to go with PSU banks for long term.there are numbers of PSU bank but there one can now take a pick of the lot and look at a long-term perspective in these banks." On Friday, the buzzing stock Bank Of Baroda closed at Rs 145.15, down Rs 8.70, or 5.65 percent. It has touched an intraday high of Rs 156.30 and an intraday low of Rs 142.80.
Stock future tips

However Foreign investment reduced, expected big decline in future. Expert predict Nifty crucial support near 7800-7900 level